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subscription right

   Also found in: Legal, Financial 0.01 sec.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.subscription right - the right of a shareholder in a company to subscribe to shares of a new issue of common stock before it is offered to the public
pre-emption, preemption - the right to purchase something in advance of others


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BankAtlantic Bancorp (NYSE:BBX) announced today that BFC Financial Corporation (Pink Sheets: BFCF) has provided notification of its intent to fully participate in BankAtlantic Bancorp's previously announced rights offering by exercising all of its subscription rights at the subscription price of approximately $30 million.
OB) (the "Company"), announced today that it has extended the expiration date for its subscription rights offering (the "Rights Offering").
Each whole subscription right will entitle the holder to purchase one share of common stock for $5.
 
 
 
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